Thurgauer Kantonalbank (Switzerland) Price on May 31, 2023
TKBP Stock | CHF 124.50 2.00 1.58% |
If you're considering investing in Thurgauer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thurgauer Kantonalbank stands at 124.50, as last reported on the 20th of December, with the highest price reaching 126.50 and the lowest price hitting 124.00 during the day. Thurgauer Kantonalbank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0014, which indicates the firm had a -0.0014% return per unit of risk over the last 3 months. Thurgauer Kantonalbank exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thurgauer Kantonalbank's Semi Deviation of 0.8476, risk adjusted performance of 0.0154, and Coefficient Of Variation of 5803.99 to confirm the risk estimate we provide.
Thurgauer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thurgauer |
Sharpe Ratio = -0.0014
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Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thurgauer Kantonalbank is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thurgauer Kantonalbank by adding Thurgauer Kantonalbank to a well-diversified portfolio.
Thurgauer Kantonalbank Valuation on May 31, 2023
It is possible to determine the worth of Thurgauer Kantonalbank on a given historical date. On May 31, 2023 Thurgauer was worth 117.76 at the beginning of the trading date compared to the closed value of 117.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thurgauer Kantonalbank stock. Still, in general, we apply an absolute valuation method to find Thurgauer Kantonalbank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thurgauer Kantonalbank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thurgauer Kantonalbank's related companies.
Open | High | Low | Close | Volume | |
117.28 | 117.76 | 116.33 | 117.76 | 1,267 | |
05/31/2023 | 117.76 | 118.23 | 116.81 | 117.76 | 310.00 |
118.23 | 118.71 | 116.33 | 118.23 | 1,052 |
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Thurgauer Kantonalbank Trading Date Momentum on May 31, 2023
On June 01 2023 Thurgauer Kantonalbank was traded for 118.23 at the closing time. The highest price during the trading period was 118.71 and the lowest recorded bid was listed for 116.33 . The volume for the day was 1.1 K. This history from June 1, 2023 contributed to the next trading day price increase. The trading price change to the next closing price was 0.40% . The trading price change to the current price is 0.10% . |
Thurgauer Kantonalbank Fundamentals Correlations and Trends
By evaluating Thurgauer Kantonalbank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thurgauer Kantonalbank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thurgauer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thurgauer Kantonalbank Stock history
Thurgauer Kantonalbank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thurgauer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thurgauer Kantonalbank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thurgauer Kantonalbank stock prices may prove useful in developing a viable investing in Thurgauer Kantonalbank
Thurgauer Kantonalbank provides banking products and services for private, corporate, commercial, and public sectors in Switzerland. Thurgauer Kantonalbank was founded in 1871 and is headquartered in Weinfelden, Switzerland. THURGAUER is traded on Switzerland Exchange in Switzerland.
Thurgauer Kantonalbank Stock Technical Analysis
Thurgauer Kantonalbank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Thurgauer Kantonalbank Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Thurgauer Kantonalbank cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thurgauer Kantonalbank December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Thurgauer Kantonalbank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thurgauer Kantonalbank shares will generate the highest return on investment. By undertsting and applying Thurgauer Kantonalbank stock market strength indicators, traders can identify Thurgauer Kantonalbank entry and exit signals to maximize returns
Thurgauer Kantonalbank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thurgauer Kantonalbank's price direction in advance. Along with the technical and fundamental analysis of Thurgauer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thurgauer to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0154 | |||
Jensen Alpha | 0.007 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.37) |
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Additional Tools for Thurgauer Stock Analysis
When running Thurgauer Kantonalbank's price analysis, check to measure Thurgauer Kantonalbank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thurgauer Kantonalbank is operating at the current time. Most of Thurgauer Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Thurgauer Kantonalbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thurgauer Kantonalbank's price. Additionally, you may evaluate how the addition of Thurgauer Kantonalbank to your portfolios can decrease your overall portfolio volatility.